Sales of single-family homes in Massachusetts surged by double-digits last month when compared to October of last year according to two organizations that track the real estate market.
Home prices in Massachusetts haven’t been this high since 2007.
The number of foreclosure petitions filed in Massachusetts has remained below 1,000 for the fourth month in a row after the petitions marking the first step in the foreclosure process fell more than 38 percent in February when compared with a year ago.
Why are rents in Massachusetts so high?
The Massachusetts housing market posted strong sales gains in June while prices remained largely unchanged from a year ago, according to two new reports on Tuesday.
Sales of single-family homes in Massachusetts climbed to a nearly two-year high last month while prices continued to moderate, according to a new report released Tuesday.
Home prices in Greater Boston increased slightly in March, according to the S&P/Case-Shiller Home Price Index.
There are new signs that the housing market is bouncing back.
New statistics show that statewide foreclosure activity in April jumped 47%, to some 1,750, for the highest level seen since the fall of 2010.
Sales of single-family homes in Massachusetts jumped nearly 20 percent last month when compared to March 2011, the ninth consecutive month of year-over-year increases.